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happening. after what has happened in rwanda in the 1990's, and in bosnia, the international community came up with an excellent idea after that, in establishing the international criminal court in july of 2002. after that, the responsibility is to protect in 2005. after that, the international community will understand that if a state cannot commit crimes against its own people. should the international community -- the syrian case officially approve that all of this discussion and all of that was untrue. we have been seeing crimes against humanity. we have been seeing war crimes committed by the regime, day-by- day. children, women -- we see all the time torture. children are being tortured. we have been seeing cases of rape in different areas. we have seen a systematic and widespread policy of targeting organization figures and leaders. these are crimes against amenity. -- humanity. despite all of that, we have five special sessions of the u.n. human rights council in geneva. they come up with strong resolutions that what is happening in syria are crimes against humanity. they establish
statistics, things like political improvements and freedoms, this is really essential. countries like rwanda have been ranked no. 1. if you look around the markets, you will see the authority. 90% of the world's population. they're going to see improvements in those lives. there will be issues, but the story is very strong and that is why we are seeing the story being very positive. >> tell us about the frontier markets because you cite the story of capital labor productivity. it will explode very dramatically? >> i think there is a clear delineation between the advanced emerging economies and the frontier economies, but our related or integrated it is to the developed market, how much exposure do they have? in terms of trade and foreign direct investment, it is heavily dependent on the united states and europe. africa has 1 billion people and is less than 2% of world trade or direct investment. the real engine of growth is not going to be trade, unfortunately. if you look at valuations of the bank's and trading in the local market, the story is credible and hits to the story rather than be
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